Assume that the probability of a driver getting into an
accident is 6.3%, the average cost of...
Mathematics, 13.02.2020 04:50 markyyy53
Assume that the probability of a driver getting into an
accident is 6.3%, the average cost of an accident is
$14,806.25, and the overhead cost for an insurance company
per insured driver is $110. What should the driver's insurance
premium be?
A. $1166.91
B. $1242.93
C. $1042.79
D. $1156.43
Answers: 3
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